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1. What is the Net Present Value of the following cash flows which represent expected benefits from opening a small ice cream business part time.
1. What is the Net Present Value of the following cash flows which represent expected benefits from opening a small ice cream business part time. You are expecting a return of 15%, and you must invest $45,000 at the start. Fill in the chart below. Determine the IRR using Excel. Interpret the results in view of your expectations for this project (Is this investment worth looking at?). Year Cash Flows Present Val 1 8,000.00 2 9,000.00 3 10,000.00 4 7,500.00 5 8,000.00 6 9,000.00 7 10,000.00 8 35,500.00 PV Total NPV IRR OWN
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